Applied Macroeconometrics

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  • Applied Macroeconometrics Book Detail

  • Author : Carlo A. Favero
  • Release Date : 2001
  • Publisher : Oxford University Press, USA
  • Genre : Business & Economics
  • Pages : 310
  • ISBN 13 : 9780198296850
  • File Size : 4,4 MB

Applied Macroeconometrics by Carlo A. Favero PDF Summary

Book Description: The objective of this book is the discussion and the practical illustration of techniques used in applied macroeconometrics. There are currently three competing approaches: the LSE (London School of Economics) approach, the VAR approach, and the intertemporal optimization/Real Business Cycle approach. This book discusses and illustrates the empirical research strategy of these three alternative approaches, pairing them with extensive discussions and replications of the relevant empirical work. Common benchmarks are used to evaluate the alternative approaches.

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